Energy Tuesday, April 27 DTEK is preparing to commission Ukraine’s first industrial energy storage system, reported Emanuele Volpe, innovation director of the power company. Located in Energodar, next to the Zaporizhia thermal power plant, the storage unit has a capacity of 1 MW and a capacity of 2.25 MW-y... #DTEK #electricitystorage
Energy Tuesday, April 27 As temperatures increase, solar and wind electricity production increase, but electricity consumption decreases, warned Ukrenergo. During the week of April 5-11, renewable production increased by 17% to 227 million kW, but electricity consumption decreased by 1%, to 2.86 billion kWh. Going into the high producti... #RenewableEnergy #Solarpower #Ukrenergo #windpower
Agriculture Tuesday, April 27 The snow and frost that hit central Ukraine during the night of Sunday to Monday will not harm harvests , said Tetyana Adamanko, the Head of Agrometeorology at the Hydrometeorological Center at a farm associations meeting yesterday. Due to the late spring, seedlings can easily withstand the air temperat... #GrainHarvestUkraine #Harvest2021 #HarvestofGrains
Partners news Tuesday, April 27 Denmark is targeting Ukraine for a ‘nearshoring’ initiative – bringing factories and outsourcing work closer to home, to Eastern Europe. The move is prompted partly by the Covid epidemic reducing the mobility of Ukrainian workers and restricting Danish manager... #Denmarkfactories #UkraineandDenmark
Investments Tuesday, April 27 Germany’s Zeppelin, Ukraine’s only official Caterpillar dealer, is investing €10 million in new head office and service center in Vyshneve, a suburb of Kyiv oblast located 3 km southwest of the ring road. Under the guidance of Delta, an Austrian architectural firm, construction started last week. Zeppelin Ukraine has 12 branc... #Caterpillar #CaterpillarUkraine #zeppelin
Energy Tuesday, April 27 In a new project, six companies are bidding in an international tending build a facility to store Ukraine’s vitrified radioactive waste that is currently stored in Russia. The tender should be held in May and the facility should be built by 2023, said Serhiy Kostyuk, head of the State Agency for Exclusion Zone Management, (Ukrinform). #radioactivewaste #wastefacility
Energy Tuesday, April 27 The repository comes after international donors spent €2 billion to build the new sarcophagus that entombs the highly contaminated remains of reactor 4. Rafael Mariano Grossi, Director General of the International Atomic Energy Agency, yesterday said on Twitter that his agency “will continue w... #AtomicEnergy #Chernobyl #ChernobylUkraine #newsarcophagus
Energy Tuesday, April 27 On the 35th anniversary of the Chornobyl nuclear fire, President Zelenskiy yesterday inaugurated a €448 million nuclear waste repository. Located near the shuttered nuclear power plant, the unit is “the largest dry spent fuel storage facility in the world” according to the EBRD which coordinated donation from OECD countries. Designed to... #Chornobyl #ebrd #nuclearenergy
Finance Tuesday, April 27 UIA lost $161 million last year, a sharp reversal from $60 million profit in 2019 , the company reported to the National Securities and Stock Market Commission in advance of the airline’s May 28 2021 shareholders meeting. Accounts receivable almost doubled, to $80 million. UIA says... #UIA #UIAlosses #UkraineInternationalAirlines
Economy Tuesday, April 27 Cargo tonnage handled by Ukraine’s seaports dropped by 20.5% during the first quarter, compared to January-March 2020, Ports of Ukraine has reported. The drop to 32.6 million tons is largely blamed on last year’s weak grain harvest. Reflecting the larger size of ships docking at Ukraini... #SeaCargo #SeaPorts #UkraineSeaPorts
Partners news Tuesday, April 27 With Russia withdrawing troops, but leaving tanks and ships , Ukraine has asked Germany for anti-ship missiles and old corvettes, Germany’s dw.com news site reported Saturday. Separately, the Rada committees on defense, infrastructure and foreign relations wan... #RussiaandUkraine #RussianMilitary #RussianTroops
Energy Tuesday, April 27 Foreign companies own almost one third of the 15.4 billion cubic meters stored in Ukraine – up from zero two years ago, reported Sergii Pereloma, the Head of the UGS storage unit of Ukrtransgaz. The number of foreign customers has doubled and now includes companies based in UAE, Singapore, and Hong Kong. Key attractions for int... #gasstorage #GasStorageinUkraine #UGSstorage
Energy Tuesday, April 27 “Ukrainian gas storage injections hinge on price, not geopolitical risk – traders,” wrote the ICIS energy news site on the impact of the Russian military threat to eastern Ukraine. “European gas companies will consider storing gas in Ukraine depending on summer-winter spreads irrespe... #gasstorage #GasStorageinUkraine
Finance Tuesday, April 27 J.P. Morgan has predicted that Ukraine’s GDP will grow by 5.6% this year, said the bank in its April commentary. This is higher than Ukraine’s Central Bank, which lowered its forecast last week to 3.8%. The Economy Ministry came out last week with a ‘consensus forecast’ of ... #GDP2021 #GDPUkraine #IMFmoney #UkraineCentralBank
FinanceInvestments Tuesday, April 27 ICU wrote yesterday, referring to the government hryvnia bond market: “There has been very important improvement in market sentiment after the risk of escalating hostilities in the east of Ukraine declined, with immediate increase in Eurobonds’ and VRIs’ pri... #Bondmarket #Eurobond #ICU #UkraineBond
FinanceInvestments Tuesday, April 27 Enjoying a peace window, on Monday Ukraine placed 8-year Eurobonds worth $1.25 billion at 6.875% per annum – the lowest yield of the government’s 11 outstanding Eurobonds, reported Bloomberg. The benchmark was 7-7.25%, but demand was almost three times supply, pushing down the final interest rate, reports Interfax.ru. #BondMarketUkraine #eurobonds #UkraineGovernmentBonds